Alphageo (India) Limited has fulfilled its regulatory obligations by submitting the mandatory certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended March 31, 2026. The submission was made to both the National Stock Exchange of India Limited and BSE Limited on April 6, 2026.

Regulatory Compliance Details

The certificate submission relates to the company's compliance with dematerialization processes during Q4FY26. Company Secretary and Compliance Officer Sakshi Mathur signed and submitted the documentation to ensure adherence to SEBI's regulatory framework.

Registrar Confirmation

KFIN Technologies Limited, acting as the company's Registrar and Share Transfer Agent, provided comprehensive confirmation regarding the dematerialization processes. The registrar confirmed that securities received from depository participants during Q4FY26 were properly processed and accepted or rejected to the depositories as required.

Key Confirmations by KFIN Technologies:

• Securities received for dematerialization were confirmed to depositories within stipulated timeframes
• All securities remain listed on BSE Limited and National Stock Exchange of India Limited
• Security certificates received for dematerialization were properly mutilated and cancelled after verification
• Depository names were substituted in the register of members as registered owners within required timelines

Corporate Information

The documentation was processed through KFIN Technologies Limited's operations center in Hyderabad's Financial District. Veeda Raghunath, Senior Manager – Corporate Registry, signed the confirmation certificate on behalf of the registrar, ensuring all regulatory requirements were met for the quarter ended March 31, 2026.

Alphageo (India) Limited , a leading geophysical services company, announced its unaudited financial results for the third quarter of fiscal year 2026, ending 31st December 2025. The company reported a net loss of ₹584.44 lakhs, representing an improvement from the ₹779.35 lakhs loss recorded in the corresponding quarter of the previous year.

Financial Performance Overview

The company's quarterly performance showed mixed results across key financial metrics:

Despite the revenue growth, the company's total expenses increased significantly to ₹2664.57 lakhs from ₹2116.93 lakhs in the previous year's corresponding quarter. Geophysical survey and related expenses constituted the largest expense component at ₹1772.94 lakhs.

Nine-Month Performance Analysis

For the nine-month period ended 31st December 2025, Alphageo reported comprehensive financial results:

The nine-month results indicate substantial revenue growth but significantly higher losses compared to the previous year.

Consolidated Results

The consolidated financial results, which include the company's subsidiaries and associate companies, showed similar trends. The consolidated net loss for Q3 FY26 was ₹596.78 lakhs compared to ₹796.49 lakhs in Q3 FY25. The consolidated revenue from operations remained identical to standalone figures at ₹1683.73 lakhs.

Regulatory and Legal Challenges

Alphageo continues to face significant regulatory challenges that impact its financial position:

FEMA Proceedings:

• Fixed deposits worth ₹1601.08 lakhs remain provisionally seized by the Directorate of Enforcement under FEMA 1999
• The company and its Chairman & Managing Director received a Show Cause Notice on 3rd February 2026
• The matter is currently under appeal before the Hon'ble Appellate Tribunal, FEMA, New Delhi

Tax-Related Matters:

• Income tax demand of ₹601 lakhs received during FY 2021-22
• Additional demand of ₹1645 lakhs against the Managing Director, indemnified by the company
• Total contingent liability of ₹2246.58 lakhs related to these tax matters

Corporate Governance

The Board of Directors meeting was held on 11th February 2026, commencing at 12:21 PM and concluding at 2:30 PM. The board approved both standalone and consolidated unaudited financial results, which were reviewed by the audit committee. The statutory auditors, MAJETI & Co., Chartered Accountants, conducted a limited review and issued an unmodified opinion on the results.

Business Outlook

Alphageo operates in the specialized field of geophysical data acquisition, processing, and interpretation services, representing a single reportable segment under Ind AS 108. The company's tagline "Spearheading India's Search for Oil" reflects its focus on supporting India's energy exploration activities. The recent implementation of consolidated labor codes from November 21, 2025, is not expected to have a material impact on the company's operations based on current assessments.